China’s Exports and Imports Set Records in April Amid High Energy Costs
China’s exports and imports each set monthly records in April, further cementing the country as the world’s leading…
Lawsuit Accuses Lucky Strike of Building a Bowling Monopoly
The classic bowling pins at Garage Billiards & Bowl in Seattle were replaced with new pins attached to…
Renewables Are Gaining on Fossil Fuels, IRENA Report Finds
With the world’s most important fossil fuel supply route at a near-standstill, many advocates for wind and solar…
Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
Surging gas prices are inflaming a longstanding economic divide in America, as households with lower incomes struggle to…
U.S. Trade Deficit Grew in March
The U.S. trade deficit in goods and services rose to $60.3 billion in March, increasing 4.4 percent from…
Oil Prices Edge Down While Stock Futures Inch Up
Oil prices ticked down and futures on the S&P 500 rose slightly on Sunday as investors reacted to…
Maryland Is First to Ban A.I.-Driven Price Increases in Grocery Stores
Maryland this week became the first state in America to ban grocery stores and third-party delivery services like…
Behind Powell’s High-Stakes Decision to Stay at the Fed
Over the past year, Jerome H. Powell has frequently said that the Federal Reserve faced “no risk-free paths”…
Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
A trade group representing low-cost airlines said Monday that it was asking the Trump administration for $2.5 billion…
The War in Iran Has Upended the Global Economy. The U.S. Has Been Mostly Spared.
The fallout from two months of war in Iran is shuttering textile mills in India and Bangladesh, grounding…
Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses
You probably won’t receive a huge tariff refund. The largest businesses stand to reap the biggest bucks as…
Hoarding Is Driving Energy Prices Higher Everywhere
In economics textbooks, higher energy prices from the war in the Middle East display the power of the…